reports electric cars to drive great power market
Frbiz, a Chinese B2B search platform, has
learned from the State Electricity Regulatory Commission that
in October, China will formally implement three electric car
battery facility standards, while another five standards are
also being formulated. In preparation for electric car power
market, transmission providers will strengthen the power industry
upgrade, and speed up the construction of intelligent power and
electric car charging facilities.
Frbiz forecasts that a power demand for about 49 billion RMB
will be added, if electric car sales reach 2 million units. Frbiz
analyzes that the electric car is closely related with the electric
power industry, as large-scale use of electric cars will open
a new power market. As research data displays, in 2020, there
will be 50 million electric cars, while energy consumption will
reach 200 billion KWH. In 2030, when electric cars are expected
to increase to 200 million units, the annual energy consumption
will reach 800 billion KWH.
Frbiz analyzes that under the condition of large-scale use of
electric cars, power consumption accounting for terminal energy
consumption proportion would be an important index to measure
a country’s capacity in energy conservation and emission reduction.
Research shows that if the proportion of power in the terminal
energy consumption increases one percent, the total energy consumption
will drop four percent. At present, electricity consumption accounting
for terminal energy consumption proportion in developed countries
is obviously higher than in China.